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lutik1710 [3]
2 years ago
9

Suppose that the equilibrium price and quantity for 1 bedroom apartments in Orange County is $2,000 and 250,000 respectively. Wh

at is the most likely outcome from the Orange County Board of Supervisors' implementation of a price ceiling at $2,500 for a 1 bedroom apartment
Business
1 answer:
ad-work [718]2 years ago
8 0

Answer: c. No effect

Explanation:

This is a non-binding price ceiling. A none-binding price ceiling is a price ceiling that is higher than the equilibrium price for a commodity in the market. As a result, there will be no effect on the market.

The reason being that a price ceiling is a price that companies and people are not meant to exceed. If this price is already higher than the equilibrium price, there would be no need to exceed or go below it it so there would be no effect.

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There are arguments for and against the alternative exchange rate regimes. a) List the advantages of the flexible exchange rate
atroni [7]

Answer:

a. The advantages of the flexible exchange rate system include: (I) provides insulation against unemployment problem in other countries and (ii) promotes economic development and helps to achieve full employment in the country, iii) automatically corrects the disequilibrium in the balance of payments.

b. If exchange rates are fluctuating randomly, that may discourage international trade and encourage market segmentation, they are very volatile

c. Economic agents can hedge exchange risk by means of forward contracts and other techniques. In addition, under a fixed exchange rate regime, governments often restrict international trade in order to maintain the exchange rate.

Explanation:

8 0
3 years ago
Now suppose that Rowe has an argument with her husband and wants to withdraw, and what effect would it have on the LLC?
ratelena [41]

A limited liability business enterprise (LLC) is a business structure allowed with the aid of state statutes. every nation might also use exclusive guidelines, you should check with your nation if you are interested in beginning a constrained legal responsibility enterprise. proprietors of an LLC are called contributors

The nation of Oklahoma, like almost every different nation, has an agency earnings tax. In Oklahoma, the corporate tax is a flat 6% of Oklahoma taxable profits. if your LLC is taxed as an employer you may need to pay this tax. The kingdom's company income tax goes back (shape 512) and is filed with the Oklahoma Tax fee.

To begin an Oklahoma LLC you may want to record the Articles of a corporation with the Oklahoma Secretary of state, which costs $one hundred. you could practice online, by way of mail, or in character. The Articles of the corporation is the felony record that officially creates your Oklahoma limited legal responsibility employer.3 days in the past.

Learn more about LLC here:

brainly.com/question/9503055

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4 0
1 year ago
A​ 20% increase in sales causes EPS to rise from​ $4.00 to​$6.50. Assuming the firm has no​ debt, what is its degree of operatin
Anna [14]

Answer:

A

Explanation:

DOL =  Percentage change in EBIT / percentage change in sales

EPS = {(EBIT - Interest) × (1 - T) } / Shares

The firm has no debt, so interest would be zero

EPS = EBIT × (1 - T) / Shares.

Tax rate and number of outstanding shares remain unchanged.

Percentage Change in EPS = EBIT.

Percentage Change in EPS = (6.5 / 4) - 1 = 0.625 = 62.5%

EBIT = 62.5%

Percentage change in sales= 20%

DOL =  62.5% / 20% =  3.13

5 0
3 years ago
Please answer asap NO LINK PLS
Fynjy0 [20]
Thanks you for helping me with the link
8 0
2 years ago
What are 3 advantages of going to trade/vocational schools after high school?
svetlana [45]

Answer:

1 It is a form of entertainment

2 you can dedicate time to your passions

3 they're helpful for your mental health

6 0
3 years ago
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